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India

Zelio E-Mobility, a Indian electric two-wheeler manufacturer receives SEBI approval for SME IPO

On September 22, 2025, Zelio E-Mobility Ltd., an electric two- and three-wheeler manufacturer based in Hisar, received SEBI approval for its SME IPO to raise INR 780 million and will list on the BSE. The IPO is expected to go live at the end of this month.
Founded in 2021, Zelio has an installed annual production cap....

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